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New York-based American Express Company (AXP) operates as an integrated payments company in the U.S., Europe, Africa, the Asia Pacific, Latin America, and internationally. With a market cap of $181.1 billion, American Express operates through U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services segments.
The payments giant has substantially outperformed the broader market over the past year. Over the past 52 weeks, AXP rallied 56.6%, outpacing the S&P 500 Index’s ($SPX) 26.1% returns. In 2024, AXP returned 34.4% compared to SPX’s 16.5% gains on a YTD basis.
